RBC Capital analyst Shelby Tucker maintained a Hold rating on Consolidated Edison (NYSE:ED), Inc. on Monday, setting a price target of $77, which is approximately 1.72% below the present share price of $78.35.
Tucker expects Consolidated Edison, Inc. to post earnings per share (EPS) of $0.13 for the second quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Moderate Sell rating of shares in Consolidated Edison, with an average price target of $71.44.
The analysts price targets range from a high of $77 to a low of $65.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $2.96 billion and a net profit of $507 million. The company's market cap is $26.85 billion.
According to TipRanks.com, RBC Capital analyst Shelby Tucker is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 9.8% and a 73.60% success rate.
Consolidated Edison Co. of New York, Inc. engages in the distribution of electric power services. It operates through the following segments: Electric, Gas, and Steam. The company was founded in 1884 and is headquartered in New York, NY.